China prepares for market-driven prices
Residential and commercial solar arrays in China are likely to remain overshadowed by utility-scale projects due to new legislation that will shift prices from fully subsidized to market-driven models.
On Feb. 9 2025, China’s National Development and Reform Commission (NDRC) and National Energy Administration (NEA) mandated market pricing for grid electricity generated by ground-mounted and small-scale, distributed solar, as well as onshore and offshore wind projects. From June 1, clean energy sold on provincial power markets must be traded using market transactions, advancing grid …
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